Valders, WI Divorce Buyout in Wisconsin
Since 1979 Somerset Investors Corp. Co. has been considered a leader in the residential mortgage lending business and is currently licensed in 26 states, including Wisconsin, offering its expertise in many of the circumstances that life brings to many homeowners. In most cases Somerset has been able to provide lower payments for the spouse remaining while giving large cash outs to the other. Our Divorce Buyout Loan Specialists work with you to determine how much of a loan you need and what it will cost to refinance.Following is an example of how Divorce Buyout works:
Example: John and Jane own a house valued at $500,000, with a mortgage (or mortgages) that total $300,000. If you subtract the value from the total loan about ($500,000 - $300,000) you get the equity of the house, in this case $200,000. If John and Jane split their assets 50-50, each have $100,000 equity in the house. Therefore, if John wishes to keep the house, he would need to refinance the mortgage(s) with a total loan amount of $400,000 and use the remaining $100,000 to buy out his spouse.
Return to divorce buyout in the state of WI
| Valders, Wisconsin News |
Prep boys: Valders downs New Holstein
VALDERS - Valders used a big 18-8 fourth-quarter run, helping the Vikings roll out to a 60-44 non-conference victory over New Holstein on Tuesday night.
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OC girls: Zutz nets career-high in Valders' victory
Elizabeth Zutz scored a career-high 24 points in an impressive offensive performance to lead Valders to 50-44 victory over Chilton in Tuesday night's Olympian Conference opener.
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Snow causing school closings, delays
MANITOWOC - A snowstorm is causing school closings and delays across Manitowoc County.
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Letter: Increase beer tax
Taxed out? I don't know about everybody else, but I have reached the limit on property taxes and all the other taxes they want to raise.
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Column: Moose-hunting trip a big success
Dan Biely of Manitowoc was very successful on a recent moose-hunting trip to Canada.
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Eunice A. Koenig
Eunice A. Koenig, age 65, former town of Centerville, Sheboygan, and for the past several years, Rocky Knoll Nursing Home resident, went home to her Lord on Nov.
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Photos: Train, car crash in town of Collins
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Kenneth Bessert, 28, of Valders, died in motorcycle crash in Meeme; A ...
MANITOWOC - A 28-year-old rural Valders man died Sunday in a motorcycle crash in the town of Meeme, according to the Manitowoc County Sheriff's Department.
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Car, train collide in Collins
A woman was injured in a car vs. train accident at the railroad crossing on Milwaukee Street in the town of Collins.
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Train, car collide in Collins
Emergency officials are on scene at a train wreck in Collins at the intersection of Main and Milwaukee streets.
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Peter E. Durben
Peter E. Durben, age 82, of 3720 Menasha Ave., formerly of Valders, died on Friday, Nov.
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Hard work puts Batterman on course
TOWN OF MENASHA - It was an adventurous cross country season for Amanda Batterman.
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Marge Miley/Milestones: Real estate transfers
To determine the purchase price of the real estate, divide the transfer fee by 0.003. For example, a transfer fee of $250 would indicate a purchase price of $83,333. Real estate sold at a price of $100,000 ...
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Mary E. Frank
Mary E. Frank, age 45, a resident of 316 S. Jackson St., Valders, entered into eternal life, while surrounded by her family, on Thursday, Nov.
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Valders school to host Veterans Day program
VALDERS - A Veterans Day ceremony will be held at 10:30 a.m. Monday at Valders Elementary School, 331 W. Wilson St.
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Ethel A. Rusch
Ethel A. Rusch, age 77, a resident of the Manitowoc Health & Rehabilitation Center, died on Monday afternoon, Nov.
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Editorial: Orchids & Onions
ORCHIDS to all of the pumpkin carvers who got into the spirit of Halloween and put their handiwork on display at the band shell in Two Rivers' Central Park.
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Hilary J. 'Jr.' Zutz
Hilary J. 'Jr.' Zutz, age 61, of 284 Roosevelt St., Valders, died on Thursday, Oct.
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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